Erie, PA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Erie, PA. Based on 15+ datapoints.
Erie, PA Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.4%
Avg Cash on Cash
-11.2%
Median Cashflow
-$357/mo
Avg Rent Estimate
$1,517/mo
Avg Price
$229,771
Price Range
$75,800 - $368,600
Rent to Price
0.66%
low ratio
Positive Cashflow
11%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Erie, PA
Erie, PA is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 4.4% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 15+ analyzed properties, the median monthly cashflow in Erie, PA is -$357 with average rents of $1,517/month. Properties range from $75,800 to $368,600, offering entry points across multiple investment budgets.
Erie, PA Rental Market Insights
- •Median cashflow is -$357/month — careful deal selection is essential here
- •4.4% median cap rate is typical of appreciation-focused markets
- •At 11% positive cashflow rate, Erie, PA requires selective property picks
- •Moderately priced market with properties from $75,800 to $368,600
- •Early-stage market data — revisit as more properties are analyzed for stronger signals